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by anyfactor 1704 days ago
A tangential thought.

Since the last crash of oil prices there was a radical move toward rare earth material mining. Every minining and exploration company tried look into ways to mine and find better uses of rare earth minerals that would generate the same pre-crash oli and gas profits.

But reviewing half a decades stock research or DD of these newly pivoted mining companies I find nothing to be radical and it is often the same repackaged environmental well being rhetoric from the industry.

There is no pioneering business, leader or technology in rare earth mining. And I am often very skeptical of mining industry talking about positive environmental consequences of mining.

Even though we are divided on Musk's contribution in revolution in EV industry but he didn't push an environmental agenda IMO but he pushed for providing better consumer utility while minimzing negative environmental consequences. If rare earth industry as a whole quite non-inuitivetly provide or promise of enhanced utility (in the economic sense) without mentioning positive environmental consequences as a headline then I will believe.